2024.04.02 Tuesday

When will the oscillation end after another decline?

① The next day 00:00, Williams, the chairman of the Federal Reserve, will preside over the discussion.
② The next day 00:05, Mester, the Federal Reserve, will speak on the economic outlook.
③ The next day 01:30, Daly, the Federal Reserve, will participate in a fireside chat.

- Daily chart: After breaking through the 61000 support level, there was some oscillation. If the subsequent pullback does not break this support, the upward trend will continue.

- 1-hour chart: After temporarily surpassing the 68500 support level, there is still oscillation. If the subsequent pullback does not break this support, there will be a continued upward trend.

II. Ethereum
- Daily chart: After breaking through the 3200 support level, there was a pullback. If the subsequent pullback does not break this support, the upward trend will continue.

- 1-hour chart: After temporarily surpassing the 3450 support level, there is still oscillation. If the subsequent pullback does not break this support, there will be a continued upward trend.


I. Bitcoin
- Yesterday's view:

Summary: After temporarily surpassing the 68500 support level, there is still oscillation. If the subsequent pullback does not break this support, there will be a continued upward trend. Resistance above is at 72400 and 74700; if it breaks below this support, it will initiate another pullback, with support below at 66900 and 64700.
- Future trend:

The future trend maintains oscillation after the pullback did not break the 68500 support level, reaching a high of 69949.
II. Ethereum
- Yesterday's view:

Summary: After temporarily surpassing the 3450 support level, there is still oscillation. If the subsequent pullback does not break this support, there will be a continued upward trend. Resistance above is at 3740 and 3870; if it breaks below this support, it will initiate another pullback, with support below at 3440 and 3310.
- Future trend:

The future trend saw a rebound after the pullback did not break the 3450 support level, reaching a low of 3518.

I. Bitcoin
Summary: After temporarily surpassing the 68500 support level, there is still oscillation. If the subsequent pullback does not break this support, there will be a continued upward trend. Resistance above is at 72400 and 74700; if it breaks below this support, it will initiate another pullback, with support below at 66900 and 64700.
II. Ethereum
Summary: After temporarily surpassing the 3450 support level, there is still oscillation. If the subsequent pullback does not break this support, there will be a continued upward trend. Resistance above is at 3740 and 3870; if it breaks below this support, it will initiate another pullback, with support below at 3440 and 3310.


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